Truck deliveries in November 2013

by
Press release - AB Volvo

Deliveries from the Volvo Group’s truck operations in November 2013 amounted to 20,356 vehicles. This was an increase of 16% compared with the year-earlier month.
Productivity in the European industrial system is currently hampered by parallel production of both old and new generations of trucks.

*Restated for new accounting rules, effective January 1, 2013, where 50/50 joint-ventures are consolidated using the equity method instead of the proportionate method.

Volvo
In November 12,332 Volvo trucks were delivered, an increase of 31% compared with the same month last year.

In Europe 5,323 vehicles were delivered during November, up by 39% compared with November 2012. An extensive product renewal is under way with five new truck models; Volvo FH, Volvo FM, Volvo FMX, Volvo FE and Volvo FL.

First quarter production rates in Europe will be adjusted to reflect lower demand, which is a consequence of customers having pre-bought trucks ahead of a more stringent emission regulation coming into force 1 January 2014.

November deliveries in North America increased 17% to 2,630 vehicles in comparison with the same period last year.

November deliveries in South America increased 57% to 2,689 trucks compared with November 2012.

Deliveries by market area:

Delivered Units

November

Change

Year-to-date

Change

Volvo

2013

2012

2013

2012

Europe

5 323

3 835

39%

40 504

39 103

4%

Western Europe

3 673

2 530

45%

27 390

25 235

9%

Eastern Europe

1 650

1 305

26%

13 114

13 868

-5%

North America

2 630

2 243

17%

23 596

23 884

-1%

South America

2 689

1 712

57%

23 966

17 571

36%

Asia

1 126

1 132

-1%

10 918

10 116

8%

Other markets

564

524

8%

5 038

5 416

-7%

Total Volvo

12 332

9 446

31%

104 022

96 090

8%

Medium duty (7-16t)

237

137

73%

1 622

1 576

3%

Heavy duty (>16t)

12 095

9 309

30%

102 400

94 514

8%

Total Volvo

12 332

9 446

31%

104 022

96 090

8%

Mack
November deliveries of Mack trucks were on a similar level as last year and reached 1,718 trucks.

Deliveries by market area:

Delivered Units

November

Change

Year-to-date

Change

Mack

2013

2012

2013

2012

Europe

1

-100%

1

45

-98%

Western Europe

1

Eastern Europe

1

-100%

45

-100%

North America

1 527

1 243

23%

17 006

19 697

-14%

South America

110

387

-72%

1 796

2 669

-33%

Asia

#DIV/0!

14

30

-53%

Other markets

81

81

874

1 029

-15%

Total Mack

1 718

1 712

0%

19 691

23 470

-16%

Heavy duty (>16t)

1 718

1 712

0%

19 691

23 470

-16%

Total Mack

1 718

1 712

0%

19 691

23 470

-16%

Renault TrucksIn November 4,569 trucks were delivered by Renault Trucks which was a decrease by 1% compared to a year ago. In Eastern Europe, deliveries were down by 13%

Renault Trucks is currently introducing a completely new truck program, with four different truck series; the T-series for long haulage, the C-series for construction, the K-series for heavy construction and the D-series for distribution.

Renault Trucks’ new ranges have had a positive reception from both customers and dealers. However, production of the new trucks has just started and demonstration trucks are currently being delivered to customers, who will test their performance over a period of time before placing further orders. Consequently, overall order intake for Renault is currently low as no more orders are taken for Europe on the old generation and order intake is yet to pick-up on the new generation of trucks. Production rates for the first quarter will be adjusted significantly downwards to reflect lower demand.

Deliveries by market area:

Delivered Units

November

Change

Year-to-date

Change

Renault Trucks

2013

2012

2013

2012

Europe

3 741

3 570

5%

31 380

37 587

-17%

Western Europe

3 392

3 167

7%

28 710

32 979

-13%

Eastern Europe

349

403

-13%

2 670

4 608

-42%

North America

24

21

14%

182

129

41%

South America

70

153

-54%

783

1 127

-31%

Asia

297

357

-17%

2 002

3 551

-44%

Other markets

437

508

-14%

4 458

5 112

-13%

Total Renault Trucks

4 569

4 609

-1%

38 805

47 506

-18%

Light duty (< 7t)

1 186

1 142

4%

10 683

12 741

-16%

Medium duty (7-16t)

793

621

28%

6 255

6 682

-6%

Heavy duty (>16t)

2 590

2 846

-9%

21 867

28 083

-22%

Total Renault Trucks

4 569

4 609

-1%

38 805

47 506

-18%

UD
In November 2013, UD Trucks delivered 1,737 trucks, which was a decrease of 1% compared to November last year.

Deliveries by market area:

Delivered Units

November

Change

Year-to-date

Change

UD

2013

2012*

2013

2012

North America

1

3

-67%

237

432

-45%

South America

29

#DIV/0!

167

133

26%

Asia

1 345

1 294

4%

12 888

14 874

-13%

Other markets

362

466

-22%

4 104

4 277

-4%

Total UD

1 737

1 763

-1%

17 396

19 716

-12%

Light duty (< 7t)

180

187

-4%

1 400

1 865

-25%

Medium duty (7-16t)

637

782

-19%

7 287

10 010

-27%

Heavy duty (>16t)

920

794

16%

8 709

7 841

11%

Total UD

1 737

1 763

-1%

17 396

19 716

-12%

Non-consolidated operations

DND (100%)

14

28

-50%

199

412

-52%

Total volumes

1 751

1 791

-2%

17 595

20 128

-13%

*Restated for new accounting rules, effective January 1, 2013, where 50/50 joint-ventures are consolidated using the equity method instead of the proportionate method.

Eicher*
Deliveries of Eicher trucks in November decreased by 40% to 1,864 trucks compared to the same month last year.

Deliveries by market area:

Delivered Units

November

Change

Year-to-date

Change

Eicher (100%)

Asia

1 864

3 120

-40%

29 114

35 520

-18%

Total Eicher

1 864

3 120

-40%

29 114

35 520

-18%

Light duty (< 7t)

310

379

-18%

4 108

4 289

-4%

Medium duty (7-16t)

1 218

2 188

-44%

18 669

23 953

-22%

Heavy duty (>16t)

336

553

-39%

6 337

7 278

-13%

Total Eicher

1 864

3 120

-40%

29 114

35 520

-18%

*As of 2013 Eicher is reported under the equity method and consequently sales and deliveries are not consolidated in to the Volvo Group